Capital Ethiopia Newspaper

World Bank, African Development Bank bolster aid transparency data

The African Development Bank took a step toward increased transparency on Wednesday, November 23, 2016 with the release of AfDB data on AidFlows, a website that visualizes global development aid. The new data provides information on AfDB funds committed and disbursed to beneficiaries, including South Africa, South Sudan, Guinea, and Sierra Leone.

“Transparency keeps us accountable and engaged with our partners and stakeholders,” said Frannie Léautier, AfDB’s Senior Vice-President. “Through greater transparency, stakeholders are able to monitor the outcomes of AfDB’s operations and therefore it will help assure that benefits reach the intended beneficiaries.”